Category: Business

There is still five more days to go before 2016-17 ends. Most of you would have made those investments to save taxes under the income tax policy. But for those who have not made those investments, here is a list of five…

Car, motorcycle and health insurance will cost more from April 1, with regulator Insurance Regulatory and Development Authority of India ( IRDAI ) giving its go-ahead to insurers for revision in commission for agents. The change in premium after modification will be…

A Beijing court has overturned a ruling that Apple’s iPhone 6 violated a Chinese manufacturer’s patent which saw the US tech giant ordered to cease selling the smartphone in China.In May last year the Beijing intellectual property bureau had ruled that Apple…

Undaunted by its markdowns and teething problem of seniors quitting from top positions, Indian ecommerce behemoth Flipkart is vigorously pursuing to notch $2 billion as its last leg of fundraising efforts backed by eBay, Microsoft and China’s Tencent.According to sources familiar with…

The decline in telecom operators’ revenues due to falling tariff, impacts their capacity to invest in the sector, Telecom Minister Manoj Sinha informed the Rajya Sabha on Friday. “The decline in revenue impacts their capacity to invest and this can also lead…

Sebi today banned Reliance Industries and 12 others from equity derivatives trading for one year and directed the Mukesh Ambani-led firm to disgorge nearly Rs 1,000 crore for alleged fraudulent trading in a 10-year-old case.A company spokesperson said it will challenge the…

Retail companies, including Amazon, have lined up with investment proposals to the tune of $695 million in the food processing sector but have asked the government to allow them to sell non-food products as well.The current policy of allowing 100% FDI in…

The Competition Commission of India (CCI) has granted approval to the proposed sale of tower division of Reliance Infratel to Brookfield Infrastructure Group.The CCI has approved the proposed transaction involving the sale of the tower division of Reliance Infratel, a subsidiary of…